We took away all of our middle management. The second significant task should be to increase the sensitivity in the imaging probe. 111 … The winner becomes the project leader. Zhang was the winner of the 2015 "Ideas into Action" award, and has now risen to 15th in the global ranking. We are seeing the dawning of a new age of organisational agility and innovation. Certainly, my experience in organising this year's Thinkers50 European Business Forum, was that the best ideas, new innovations, and leadership inspiration come from Asia, rather than Europe or America. Zhang Ruimin: "We want to create a rainforest of perpetual life". The ZZJYT’s are not permanently assigned to a particular product or role. Zhang Ruimin: "I read two books every week, or more. However at the same time, he recognises the need to empower employees to be more customer intimate. Web. In the new generation Haier, talent is provided through an open labour market. 08 May 2017. “China’s Philosopher-CEO Zhang Ruimin.” Strategy Business. For me it is about taking the best ideas from everybody, and combining them in the right way for your business, your market and your people.". The application to business becomes clear, and also much of the founding ideas behind why and how he has developed his rendanheyi model of entrepreneurial micro businesses. Today we're in London for the Thinkers50 Global Summit, a meeting of enlightened mind, celebrating the best ideas in business thinking, including the biennial ranking of the top 50 gurus. His 7 bestselling books are translated into 35 languages, including most recently, "Gamechangers: Innovative strategies from brands and business". Share to Linkedin; Haier CEO and Board Chairman Zhang Ruimin (Photo by Yegor Aleyev\TASS via Getty Images) Yegor Aleyev/TASS. The Economist Newspaper, 11 Oct. 2013. Oct 30, 2013. There are 2,200+ professionals named "Ruimin", who use LinkedIn to exchange information, ideas, and opportunities. He is founder of GeniusWorks based in London, director of Thinkers50 Global, and Professor of Strategy, Innovation and Marketing at IE Business School in Madrid where he leads their flagship Global Advanced Management Program. Web. What is the most important thing you have learned about leadership? 08 May 2017. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. Over 30 years, he turned a small, collectively-owned factory with a 1.47 milion yuan loss into a global enterprise, with a turnover of 188.7 billion yuan (2015). Zhang Ruimin: "Applying this idea from physics to business, small teams of people with different backgrounds, skills, and ideas, can co-exist incredibly effectively. Having spent much of my last year exploring Asian businesses and their leadership behaviours, I was intrigued by how far Zhang thought Asia had now come. Haier is the world's fourth largest white goods manufacturer and is the official home appliances sponsor of the Beijing 2008 Olympic Games. For more information, see our Cookie Policy. 3, The project leader must work hard to stay ahead of the catfish. As we do this, we create resonance with people, the solutions become more important, and the brand becomes more powerful.". Web. Zhang Ruimin: "Additionally as we think more about quantum physics, it is wave theory that is responsible for how energy is transmitted - in forms such as light or heat, magnetism or sound. From his base in Qingdao, Haier has revolutionised the world of refrigerators, washing machines, air conditioning, and many other home appliances. ZHANG RUIMIN ACHIEVING Case Solution. People will buy scenarios, or concepts, where the products might be free and just enablers of services. As a result, he challenges the old supremacy of shareholders in the value equation, putting a premium on employees, and the value created by them and for them. Zhang split staff up into self-managed work units call ZZJYT’s (zi zhu jing ying ti – which roughly translates to independent operating unit) and by 2012 had almost done away with middle management completely. Zhang Ruimin: "People are not a means to an end, but an end in themselves. “Haier and Higher.” The Economist. Today each ZZJYT comprises 7-10 people from various functional roles. Zhang Ruimin: "First think of waves inside organisations. Huawei arrest shocks Chinese executives, Haier CEO Zhang Ruimin says Huawei CFO Meng Wanzhou was detained Dec 1 in Canada at the request of the … Not just in China, but increasingly as a global brand. Now sales is the beginning of the relationship. Zhang Ruimin: "We quickly realised in the early days, that high quality was very important. Zhang Ruimin took the helm of a struggling refrigerator manufacturer in 1984 when he was just 25. Now we have only one supervisor, which is the customer.". Google+. China’s Zhang Ruimin recognized this in reimaging Haier, with an organization built on 10,000 entrepreneurial businesses. So he began reorganising the way employees worked. Mahajan, Neelima. He also hosts Thinkers50 regional hub in China, as a way to help encourage more entrepreneurs, more new thinking, and more innovation across Asia. Zhang RUIMIN of Northwest A & F University, Yangling | Read 15 publications | Contact Zhang RUIMIN He blew up much of the administrative structure of a global manufacturing enterprise, eliminating 10,000 management jobs that once held it together. Zhang Ruimin became managing director in 1984 and has undertaken several transformations at Haier. As a result the rate of growth has risen from 8% to 30% in recent years. Select Accept cookies to consent to this use or Manage preferences to make your cookie choices. Zhang Ruimin: "In a digital world of globalization, connectivity and personalization, there is no such thing as a perfect product. Haier's brand purpose is all about making people's lives better. Zhang Ruimin: "A true leader enables ordinary people to achieve extraordinary things.". We and third parties such as our customers, partners, and service providers use cookies and similar technologies ("cookies") to provide and secure our Services, to understand and improve their performance, and to serve relevant ads (including job ads) on and off LinkedIn. Use social design to help your distributed team self-organize ; 3. https://thinkers50.com/blog/the-business-ecosystem-alliance “The Haier Road to Growth.” Strategy Business. Each ZZJYT is given the freedom to innovate by reaching out to customers, prospective employees, collaborators and even competitors. 24 November 2015 • 00:46 am . But I also still admire other companies all around the world, and particularly in the applications of technology. And he has guided the organization to … It is an ecosystem. Web. Waves can be sustained over great distances, and with different frequencies, into what we know for example as pitch and volume". Once a devotee of the “six sigma” approach, Zhang has developed his own management ideology: rendanheyi. His desire to embrace western management techniques marked him out as a thought leader amongst Chinese leaders. Your email address will not be published. Zhang Ruimin is Chairman and CEO of Haier, the world's leading white goods business. Most Popular. As a leader he won the confidence and goodwill of his workers and reversed the company’s dismal quality record. In the future, maybe the product will be free, and people will pay for services - from food delivery, to home entertainment, security or maintenance.". Peter Fisk is a global thought leader on driving growth in a changing world - focused on the best new ideas and practices for leadership and strategy, innovation and brands. 2. Instead they are formed through internal competition. As a leader he won the confidence and goodwill of his workers and reversed the company’s dismal quality record. Why you should apply design thinking to the employee experience; Videos, Galleries, & More. The idea of waves being a relentless force of progress, which can be reinforced when two waves come together and resonate with more than double their impact. Easy year more than a 100 books. Whilst I'm not sure atomic physics would be many business people's ideal topic, I was intrigued. “The factory was suffering great losses. Ruimin has 1 job listed on their profile. Peter's website at www.theGeniusWorks.com is packed with articles, case studies, toolkits, videos and more. 12 June 2010 • 21:09 pm . But that’s exactly what comes to mind at the mention of Zhang Ruimin. Today it is no longer about standardisation, and creating the best product. Zhang Ruimin: "Sales used to be the end of the relationship. 08 May 2017. IW Staff. That is what the firm calls the person with a rival idea with the second highest number of votes. Facebook. Zhang Ruimin shares his thoughts on maximising the enthusiasm of employees and how he transformed a shoddy factory into major enterprise. ZHANG RUIMIN Why enterprises exist. Zhang Ruimin: "I believe everybody can learn from everywhere. From Aristotle's philosophies to Asian leadership. In this example the analogy to business can be taken in multiple ways, both in how organisations build a culture and sustain momentum, but also how innovations and brands are sustained in markets. COVID fatigue is real, but don’t let it disrupt your recovery plans; 2. A vote involving employees, customers and suppliers determines whether the project goes ahead. He was delighted, and quickly got into a passionate, and somewhat technical discussions about atomic structure and wave theory. See our, Talk about having 2020 vision ... it became…, World’s fastest growing companies in 2020 ……. Haier Telecom | 1,384 followers on LinkedIn. He is a world-class keynote speaker, and hosts the annual Thinkers50 European Business Forum alongside many other conference and in-house events all around the world. Web. The CEO and chairman of the white goods giant Haier Group Corp., based in Qingdao, China, has done what most chief executives dare not even dream about. 1, “A leader whose existence is unknown to his subordinates is really the most brilliant one.” (Ruimin, Zhang)2, Prior to 2005, Haier’s 80,000 or so employees worked in traditional functions like manufacturing, sales and marketing. Twitter. However the implications are profound. Employers and skilled workers alike have much to gain from embracing new ways of working. These microenterprises operate as independent ventures. Zhang is clearly an incredibly thoughtful and well-read leader. Slideshow. So finally an inspiration from Chinese culture, or Lao Tzu to be more precise. As of 2007, the Haier Group has established a total of 64 trading companies (19 located overseas), 29 manufacturing plants (24 overseas), 8 design centers (5 overseas) and 16 industrial parks (4 overseas). Employees are free to leave or join ZZJYT’s, however a unit will dissolve after the project is over and talent goes back to the marketplace. According to Zhang, eventually there won’t be employees at all. Ideas, innovation and implementation are continuous. Ruimin Zhang In this paper, the tracking control for air-breathing hypersonic vehicles in cruising flight is studied, where the super-twisting algorithm is utilized to design a continuous controller. Middle East, Asia, Europe 27 November 2018 Chinese version . Each is responsible for its own hiring, procurement, strategy, production and ultimately profit and loss. Whilst many businesses will find this concept foreign and unmanageable, for industries like Hollywood, bringing skilled workers together for the length of a project is nothing new. They become self-organising and mutually enabling. Ruimin has 5 jobs listed on their profile. LinkedIn; It’s rare that a CEO would be associated with something as humdrum as a sledgehammer. Haier’s powerful internet platform enables limitless collaboration with suppliers, customers, universities, competitors, and other stakeholders. Fischer, Bill, Umberto Lago, and Fang Liu. 28 Sept. 2015. I admire many of my Asian peers. Weeks after sealing a $5.4 billion deal to buy General Electric Appliances (GEA) in 2016, Zhang Ruimin, chairman of China’s Management without … Products | Pricing | Learning | About | Contact, The Ultimate Guide To Agile Performance Management, What Remote Working Means for Performance Management, Plus 7 Other PM Trends, 3 Easy Tips For Your 360 Feedback Questionnaire, Get the Onboarding Business Case Whitepaper, How To Switch From Face To Face New Hire Inductions To Online, Sample Orientation and Onboarding Program, Forms You Will Need For A New Employee In Australia, 7 reasons you should be using competencies, Easy Guide to Competency Based Assessment Tools, How To Conduct a Skills Audit and Identify Skill Gaps, Sample one-on-one check-in conversation notes, Sensitive items to avoid in feedback/comments, How to conduct one on one meetings with team members, Designing a Work-From-Home Policy: Where to Begin, How to Keep Employees Informed During a Crisis, How To Keep Staff Working From Home Productive, https://www.cognology.uk/wp-content/uploads/2017/06/Zhang-Ruimin-feature.jpg, https://www.cognology.com.au/wp-content/uploads/2017/01/Cognology-logo-colour-300x101.png, Zhang Ruimin – the would-be unknown leader. 08 May 2017. This is why there is no position-related remuneration at Haier. Zhang Ruimin, chairman and CEO of the Haier Group, took charge of a struggling refrigerator factory in the 1980s and turned it into a global powerhouse of consumer electronics and home appliances. We didn't just want to compete, we wanted to be the best company. Instead of complying with rules and following a manager, he decided that workers should have the freedom to make decisions led by the users of the things they make – the consumer. On 23 November, INSEAD, the Business School for the World, welcomed Mr. Zhang Ruimin, Chairman and CEO of Haier Group, to its Europe campus in Fontainebleau, France.Mr Zhang is one of the world’s most recognised influential management thinkers and the innovator behind the Rendanheyi management model. It began in the mid-1980s when Zhang Ruimin joined a demoralized and money-losing Qingdao General Refrigerator Factory—the precursor to the Haier Group--to help turn things around. View Ruimin Zhang’s profile on LinkedIn, the world's largest professional community. “Haier CEO Zhang Ruimin: Challenge Yourself, Overcome Yourself.” Founding Fuel. Yes, Asian companies and their leaders have embraced new ways of working, and responding to their fast growth markets. You can change your cookie choices and withdraw your consent in your settings at any time. They are like ideas that spread between people and teams. I've met Zhang before, but I hadn't previously had the opportunity to explore our common background, both as physicists. Zhang has become a world-renowned entrepreneur, creating a unique, innovative, evolving business model that fuses management philosophies of east and west. Therefore Haier is looking beyond products to services, and how it can do more to help people live in their everyday lives, with a focus on the intelligent home. Zhang Ruimin took the helm of a struggling refrigerator manufacturer in 1984 when he was just 25. Then again, you might work with Zhang Ruimin. He went on. 08 May 2017. Haier's evolution has been rapid and relentless, as Zhang has driven the company from an old refridgerator factory - where indiscipline and poor quality was so rife that he took to shock tactics, taking a sledge hammer to some of the products to demonstrate that such mediocrity was no longer acceptable - to a pioneer of digital tech. Since then, Zhang has turned the Haier Group into the world’s fastest growing appliance maker with the largest market share in white goods world wide. Required fields are marked *. Approaches like six sigma were very important at the time, and we were one of the first Chinese companies to embrace such techniques. I read philosophy books.". There will only be a platform. Web. Zhang Ruimin was a young Chinese bureaucrat on the way up when, at age 35, he was transferred by the Qingdao municipal government’s household appliance division to become general manager of the Qingdao general refrigerator factory. “How CEO Zhang Ruimin Reinvented Haier – Three Times Over.” CKGSB Knowledge. The quest for quality at Haier began with a sledgehammer, or so the story goes. This sustains a continual existence, it enables atoms to come together in many different formats as molecules, each with their own unique properties, and within these atomic structures is huge amounts of energy". 2015. Zhang Ruimin: "When I first studied physics I was amazed by the perpetual motion of sub atomic particles. The 2010's have been all about digitalisation, embracing the power of automation and data, to the point where Haier is now one of the world's leading producers of "smart" products, embedded with IOT, and connected intelligently. 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